Ordinance 71273
Chapter 99 Redevelopment Plan for the 4320-4330, 4350 and 4350R S. Kingshighway Blvd. Redevelopment Area
Ordinance
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 4320-4330, 4350 and 4350R S. Kingshighway Blvd. Redevelopment Area. This Board Bill will allow up to twenty years of tax abatement provided as follows: fifteen years (15) years of tax abatement based on 95% of the assessed value of the incremental improvements, followed by 5 years of tax abatement based on 90% of the assessed value of the incremental improvements. This Area includes unoccupied property which will be redeveloped for mixed-use.
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St. Louis City Ordinance 71273 Document (2.00 MB)
Legislative History
Session: | 2020-2021 |
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Board Bill Number: | 142 |
Primary Sponsor: | Carol Howard |
Co-Sponsors: | |
Committee: | Neighborhood Development |
First Reading: | 10/09/2020 |
Second Reading: | 12/04/2020 |
Perfection: | 12/11/2020 |
Third Reading: | 01/15/2021 |
Effective Date: | 02/27/2021 |